-->
add or read Comments (18)
According to analysts that follow Japanese automakers,
the Toyota
Prius, king of hybrid
cars, has become a strongly profitable vehicle for
Toyota. It also helps drive consumers into Toyota
dealerships.
Yet, not one US automaker has concrete plans to
challenge the Prius.
Sure, GM plans to leapfrog the Prius with the Chevy
Volt, but that's a plug-in Prius contender. Most
US cars won't be plug-ins for at least two decades.
Moreover, according to Congressional testimony, by
2015 GM hopes to have sold a total of 200,000 Volts.
That's not per year. That's in total. In 2015 Toyota
will be selling more than 200,000 Prius hybrids per
year.
Obviously, GM should pursue the Volt with great vigor,
eventually, it will be a huge success. Nonetheless,
can GM and the rest of the Big 3 survive the next
several years without a direct challenge to the Toyota
Prius?
Labels: Chevy Volt electric vehicle concept, Hybrid Vehicles, toyota prius
